Mortgage

Consumer watchdog to roll out e-closings pilot project

Consumers frustrated with lack of time to review stacks of paperwork, jargon-filled documents
Published on Apr 29, 2014 | Updated on Jun 4, 2014

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by CareyBot

Closing on a mortgage can be a frustrating, overwhelming and sometimes baffling process for consumers. That’s why the federal Consumer Financial Protection Bureau has decided to launch a pilot project in which it will evaluate whether electronic closings can help ...

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